Case-Shiller: Home prices in freefall
The S&P/Case-Shiller Home Price Index has once again fallen to record lows, with the both the 10- and 20-city indexes dropping 2.2 percent in November.
That represents year-over-year drops of 19.1 percent and 18.2 percent, respectively - both new record declines.
In Atlanta, home prices dropped 2.2 percent in November, and are now showing a one-year decline of 11.2 percent.
Harlan and Associates performs real estate closings in Georgia. Want to know more? Contact us and we’ll be happy to discuss how we can be of service to you!
Steve-O's 4-way, originally uploaded by Lowerlighter.